CYPARK RESOURCES BERHAD

KLSE (MYR): CYPARK (5184)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.665

Today's Change

-0.01 (1.48%)

Day's Change

0.655 - 0.67

Trading Volume

3,274,500


13 people like this.

7,121 comment(s). Last comment by Kawasaki668 4 days ago

Posted by firestar23 > 2014-04-24 14:32 | Report Abuse

Tan Sri Chua Ma Yu's son, Chua Sai Men, has emerged as a substantial shareholder of Cypark Resources Bhd, an environmental engineering and renewable energy outfit.

A filing with Bursa Malaysia yesterday showed that Sai Men, 27, had on the same day acquired 9.21m shares in Cypark in the open market, equivalent to a 5.1% equity interest in the company that has 180.6m issued shares.

yap_lee

96 posts

Posted by yap_lee > 2014-04-25 17:24 | Report Abuse

Fund manager n big investor sudah masuk, anytime boom, dont miss the boat

Jack Ong

167 posts

Posted by Jack Ong > 2014-04-25 20:52 | Report Abuse

go go go =D

Brent Soo

39 posts

Posted by Brent Soo > 2014-04-27 09:18 | Report Abuse

This stock really need patient

Brent Soo

39 posts

Posted by Brent Soo > 2014-04-27 09:31 | Report Abuse

Reasonable price: 2.96
Resistant level: 3.32
Support point: 2.60

lmenwe

143 posts

Posted by lmenwe > 2014-04-27 20:40 | Report Abuse

Come on lar the construction will go to First Solar, an american counter. Cypark does not have any edge in Renewable Energy. The management had denied 1MDB will offer anything for them. I own cypark as well but can't you guys stop spreading some non-sense?

Brent Soo

39 posts

Posted by Brent Soo > 2014-04-27 21:26 | Report Abuse

Then is not a good news for it..
Do u think still can hold? The increment of the profit seems getting lower and lower

yap_lee

96 posts

Posted by yap_lee > 2014-04-28 19:31 | Report Abuse

Imenwe r u sure ? So that better u sell ur cypark. Hahaha i m collecting n collecting. Just like big investor n fund manager. 1MDB job or something like JV will boom cypark.

Superman

76 posts

Posted by Superman > 2014-04-30 14:30 | Report Abuse

Imenwe...if u simply google first solar..it is not hard to notice that first solar is the bloody panel manufacturer and NOT a developer like Cypark~~well it is likely they JV with someone to supply the solar panels rather than they develop themselves...

anyway..no doubt First Solar is damn big~~and their sales figures are in the billions....u cannot compare Cypark with FS

wmliang

38 posts

Posted by wmliang > 2014-05-04 21:22 | Report Abuse

RE quata release by this month? hope have good news to cypark

Posted by optimus20 > 2014-05-04 21:24 |

Post removed.Why?

ahlek888

163 posts

Posted by ahlek888 > 2014-05-08 23:49 | Report Abuse

what is quata?

wmliang

38 posts

Posted by wmliang > 2014-05-09 11:04 | Report Abuse

Published: Thursday April 3, 2014 MYT 12:00:00 AM
Updated: Thursday April 3, 2014 MYT 7:14:32 AM
Additional 65MW of renewable energy production under FiT up for grabs

PETALING JAYA: Come May 2, a quota of an additional 65MW of renewable energy (RE) will be up for grabs for parties wanting to produce this under the feed-in-tariff (FiT) programme for 2014. The quota for 2015 is being increased to 109MW.

This is according to a statement by Energy, Green Technology And Water Minister Datuk Seri Dr Maximus Ongkili, who said the quota release for 2014 marked an important milestone in the implementation of the FiT mechanism as Sabah and Labuan would be participating in the mechanism for the first time.

He reiterated that the RE sources that fall under the FiT include biogas, biomass, biomass (solid waste), small hydro and solar photovoltaics (PV).

Of the 65MW total RE quota of 2014, more than half of the allocation is for solar PV. Biogas and biomass would be allocated 10MW and 15MW respectively for 2014.

Sustainable Energy Development Authority (Seda) has also announced that the RE quota for 2016 will be 190MW while for 2017 it will be 196MW. Maximus added that projects under the FiT had generated 2% of the country’s total generating capacity.

This is based on 537.97MW of RE capacity approved under the FiT since 2010, compared with the country’s total electricity generating capacity of 27,179MW in the same period.

“Our target is for RE to constitute 5% of the energy mix in 2015,” said Maximus.

ahlek888

163 posts

Posted by ahlek888 > 2014-05-11 22:13 | Report Abuse

means more potential business for cypark?

ImCK

3,083 posts

Posted by ImCK > 2014-05-12 16:20 | Report Abuse

cypark chairman is tan sri want to get project from goverment sure no problem

ahlek888

163 posts

Posted by ahlek888 > 2014-05-14 22:13 | Report Abuse

lately take profit? quite bearish...

Superman

76 posts

Posted by Superman > 2014-05-15 12:05 | Report Abuse

hmm if referring to their announcement...the company recently exercise its ESOS... i think staff is busy selling theirs this week~~

ahlek888

163 posts

Posted by ahlek888 > 2014-05-15 21:39 | Report Abuse

i see, no wonder no bulls at all..

nomanland

3,221 posts

Posted by nomanland > 2014-05-16 23:44 | Report Abuse

JMHO, white "hammer" form at lower price after those ESOS got conned and sold their shares. Only the smart one keep it.

ahlek888

163 posts

Posted by ahlek888 > 2014-05-18 17:50 | Report Abuse

yah i think staying above 2.8 is a good sign

Posted by Aravind Kpn > 2014-05-21 09:37 | Report Abuse

im quite bullish on cypark. quarterly results out next month

ahlek888

163 posts

Posted by ahlek888 > 2014-05-22 21:54 | Report Abuse

I see so now just have to hold and wait?

Posted by Aravind Kpn > 2014-05-26 00:58 | Report Abuse

IMHO, yes..but please also do your own research :)

ahlek888

163 posts

Posted by ahlek888 > 2014-05-26 19:52 | Report Abuse

Back to support point again ..

ahlek888

163 posts

Posted by ahlek888 > 2014-05-26 19:53 | Report Abuse

What do you use to do research? Can share?

Stockman

684 posts

Posted by Stockman > 2014-05-27 11:45 | Report Abuse

Wow TP: 3.20

Magnazium

48 posts

Posted by Magnazium > 2014-05-27 16:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1634245

RM22.3 million project that will contribute positively to 31 Oct 2014 accounts. :)

lepeng85

256 posts

Posted by lepeng85 > 2014-05-27 19:11 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1635557
Big shareholders is accumulating, something good new is brewing

Posted by Aravind Kpn > 2014-05-29 18:29 | Report Abuse

ahlek888, I looked at the annual reports, quarterly results, also cypark's pioneering approach in converting landfills to solar farms...but i digress, if ur talking about technicals, which i am no expert in, then look at the accumulation/distribution with the downtrend in price, which could signal a bullish reversal. again im no expert, and im sure someone smarter then me can point out if it makes sense or not. ..its all JMHO

ahlek888

163 posts

Posted by ahlek888 > 2014-05-29 22:36 | Report Abuse

keep breaking lower of 2.8, is this bearish sign?

Posted by Aravind Kpn > 2014-06-11 07:56 | Report Abuse

ouch..lets c what the quarterly results show

sephirohn

22 posts

Posted by sephirohn > 2014-06-11 23:28 | Report Abuse

Now many company expertise in solar or renewable energy already. Like amcorp already build up a 10mw solar farm. Many company are able to build a large scale solar farm, not only cypark can do it.

Superman

76 posts

Posted by Superman > 2014-06-19 18:13 | Report Abuse

Sephirohn....any Tom Dick & Harry can build BIG solar plant if they have money and suitable land...the problem is..if u buy land for solar plant it may not be profitable at all~~Cypark's strength is to claim back the landfill they have closed and build plant on top~~so basically their plant has no land cost upfront~~

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-20 13:24 | Report Abuse

Cypark Resources (CYP MK)
Technical BUY with +20.0% potential return
Last price : RM2.79
Target Price : RM3.05, RM3.35
Support : RM2.68
Stop-loss: RM2.64
BUY with a target price of RM3.35 with stop
loss placed at below RM2.64. CYP’s share
price consolidated downward in the “flag”
pattern since peaking at the high of RM3.05 on
23 Apr 14 before rebounding within the 50.0%
Fibonacci retracement level. Yesterday's
breakout above the "flag" pattern signals the
end of the current consolidation while a higher
trading volume suggests renewed interest in
the share price. A bullish crossover in both
MACD and Stochastic suggests an improving
momentum which should drive the share price
higher. We peg our medium-term upside target
at the 1.38x Fibonacci extension target of
RM3.35 if CYP is able to surpass the
immediate resistance of RM3.05.

Posted by Chris K Yeong > 2014-06-30 18:56 | Report Abuse

Great Q report !

KONG88

55 posts

Posted by KONG88 > 2014-06-30 21:32 | Report Abuse

very gd ....2moro gap up directly...maybe@@

sephirohn

22 posts

Posted by sephirohn > 2014-07-01 10:33 | Report Abuse

Conventionally cypark 2rd Q report will better than other Q report. There was no surprising. Than follow 3 and 4 Q report will lower than 2 Q report. Just refer on past few year report. Hope they can maintain the profit for all Q report.

quanteer

22 posts

Posted by quanteer > 2014-07-12 13:26 |

Post removed.Why?

Posted by singhisking > 2014-07-14 20:26 | Report Abuse

what's up with this stock? can hardly sustain an upwards momentum.

Posted by Lee Wehc Taik > 2014-07-14 20:47 | Report Abuse

any news? drop so much today? plz drop more tomorrow! hehe

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-07 21:21 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-07 21:22 | Report Abuse

is this placement positive or negative for cypark shares???????? any oppinion guys?????

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-08 09:43 | Report Abuse

Cypark Resources Bhd - Private placement announced
Cypark's private placement is expected to raise around RM50-54m, which will
be used mainly for working capital purposes. This will provide some relief to its
balance sheet in supporting its current ongoing projects, namely the Ladang
Tanah Merah (LTM) landfill, for which the concession is expected to start in the
next two months. Due to the EPS dilution resulting from the placement, we
believe that Cypark's share price could face some weakness in the near term,
which we think is a good opportunity to accumulate the stock. We maintain our
Add call on the stock, with an unchanged SOP-based target price of RM3.09.
We believe the announcement of turnkey renewable energy (RE) projects could
catalyse the stock.

leong1188

58 posts

Posted by leong1188 > 2014-08-14 22:47 | Report Abuse

worth to take a look! Very cheap level

greddym3

286 posts

Posted by greddym3 > 2014-08-26 11:43 | Report Abuse

Big seller not willing to let go below 2.60.safe to buy at 2.60

pooket

19 posts

Posted by pooket > 2014-08-30 17:38 | Report Abuse

I've seen a disturbing trend with this stock over the past few months. Down days pretty much always have much higher volume than up days. This is not good! How low will it go? Is this because the Employee Provident Fund Board has been selling off and is no longer a major shareholder?

johnny cash asked if the share placement was good or bad. I'd say it's good long-term, but obviously bad short-term. I've owned this stock for a year and a half, and I'm getting a little aggravated. Other companies that are close to the govt. have shot up, and these guys just muddle along. Plus, why is EPF selling down? And when will Cypark get their MW quota raised?

Another problem is the price of the private placement shares is only 2.36. Usually, share prices trend down to that level after a while. I could see this stock in the 2.30's within the next month or two. Plus, what about the bursa? It looks worn out and tired. It just can't break 1,900, which is pretty sad considering that the S&P has been over 2,000 all week. Sorry for being negative, but the short-term just doesn't look good...

Post a Comment
Market Buzz